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515 Fountain St

Albert Lea, MN 56007

4 bd 3 ba 1,972 sqft Built 1912 Lot 8,276 sqft single_family
Most recent sale
$167,000
Jan 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 17, 2024 Sold $167,000 NorthstarMLS
Sep 18, 2023 Price changed $174,900 NorthstarMLS
Sep 2, 2023 Listed $179,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $85,900 $1,626
2021 $78,000 $1,502
2020 $69,300 $1,346
2019 $64,600 $1,244
2018 $49,533 $11,067 $60,600 $1,186
2017 $48,193 $8,207 $56,400 $1,046
2016 $48,383 $8,217 $56,600 $1,048
2015 $44,904 $7,996 $52,900 $958
2014 $41,257 $7,743 $49,000 $902
2013 $48,288 $8,212 $56,500 $1,136
2012 $70,605 $12,495 $83,100 $1,584
2011 $112,200 $17,300 $129,500 $1,612
2009 $115,700 $133,000 $1,674
2007 $77,400 $15,500 $92,900 $992

Property facts

Year built
1912
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,972 sqft
Lot size
8,276 sqft
ZIP code
56007
City
Albert Lea
Street
Fountain St
Coordinates
43.65123, -93.37459

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,002
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 515 Fountain St last sell?
515 Fountain St most recently sold on Jan 17, 2024 for $167,000.
What is the current tax assessment for 515 Fountain St?
The most recent total assessment for 515 Fountain St (year 2022) is $85,900 with $1,626 in property tax.
How does 515 Fountain St's assessment compare to its last sale price?
The current assessment is 48.6% below the last sale price of $167,000.
When was 515 Fountain St built?
515 Fountain St was built in 1912.
How does 515 Fountain St compare to others on Fountain St?
We track 8 other properties on Fountain St. Browse the list under "Other properties on Fountain St" to compare beds, baths, and sale history.
What are the property facts for 515 Fountain St?
515 Fountain St is a 4 bed, 3 bath, 1,972 sqft, 8,276 sqft lot single_family.
Is 515 Fountain St a flip candidate?
No — 515 Fountain St does not appear in our flips dataset.
Is 515 Fountain St a tax-appeal candidate?
No — 515 Fountain St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$243.6K
2026 Q4
$249.7K
ZIP 56007 — Median Price History + Forecast

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